Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Etfs Gold Tr (SGOL)

460 + Investors. Track Smart Money conviction in SGOL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -22
Streak
1Q ▼
Buyers last Q
45%

Smart Money Signals — SGOL

Based on 463 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their SGOL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (95% of max)

95% of all-time peak
463 hedge funds hold SGOL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +21% more funds vs a year ago

fund count last 6Q
+81 new funds entered over the past year (+21% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 45% buying

184 buying227 selling
Last quarter: 227 funds reduced or exited vs 184 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-14 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 46 → 89 → 70 → 56. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 21% medium ■ 25% new
249 out of 463 hedge funds have held SGOL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +10%, value -6%

Value
-6%
Shares
+9%
Last quarter: funds added +10% more shares while total portfolio value only changed -6%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~56 new funds/quarter

47 → 46 → 89 → 70 → 56 new funds/Q
New funds entering each quarter: 46 → 89 → 70 → 56. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 56% veterans vs 30% newcomers

■ 56% veterans ■ 14% 1-2yr ■ 30% new
Entry-cohort mix of 468 holders: 262 (56%) are 2+ year veterans, 66 entered 1–2 years ago, and 140 (30%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds
21 of 461 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — SGOL

In 2026 Q2, 184 hedge funds were net buyers of SGOL (56 opened a new position, 128 added to an existing one), while 227 reduced or exited (149 trimmed, 78 sold completely) — a 45% buyer ratio, indicating roughly balanced activity. 36% of total institutional value in SGOL is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -22 funds (more exits than new entries). Total institutional holders: 463.

Hedge Fund Ownership: SGOL

How many hedge funds hold SGOL — quarterly history vs. share price
Quarterly hedge fund ownership of SGOL vs. share price

Market Analysis: SGOL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SGOL

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 17 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
3.9
/ 10
conviction
Hedge Fund Positioning: SGOL
460 + Investors

Track Smart Money conviction in SGOL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 460 485 -5.15%
13F Shares 64M 58M 9.77%
Total Value $2.38B $2.53B -6.01%
New Positions 56 70 -14
Increased Positions 123 126 -3
Closed Positions 79 48 +31
Reduced Positions 149 181 -32
Total Calls 3 5 -40.0%
Total Puts 3 3 -
PUT/CALL Ratio 1.0 0.6 Neutral

Statistics: SGOL

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

460 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SGOL. Verified SEC 13F-HR filings.

QUARTER:
Top 25 SGOL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Fulcrum Wealth Advisors, LLC 7.83% 267,965 $10.2M
2 Mountain Lake Investment Management LLC 7.72% 324,355 $12.4M
3 Metis Global Partners, LLC 6.76% 7,792,850 $297.9M
4 Luminist Capital LLC 6.28% 146,239 $5.6M
5 MRWM Advisors, LLC 5.30% 337,082 $12.9M
6 Ameliora Wealth Management Ltd. 5.23% 460,484 $17.6M
7 Almanack Investment Partners, LLC. 5.12% 1,050,514 $40.2M
8 Norris Financial Group, LLC 4.97% 326,883 $12.5M
9 WT Wealth Management 4.35% 411,067 $15.7M
10 Global View Capital Management LLC 4.14% 524,023 $20.0M
11 Eurizon Asset Management Hungary Ltd. 3.86% 94,750 $3.6M
12 Clear Retirement Advice LLC 3.83% 146,485 $5.6M
13 Towneley Capital Management, Inc / DE 3.74% 498,155 $19.0M
14 Guardian Point Capital, LP 3.53% 300,000 $11.5M
15 Ervin Investment Management, LLC 3.18% 153,105 $5.9M
16 Terra Nova Asset Management LLC 3.07% 131,151 $5.0M
17 Encompass More Asset Management 2.76% 495,540 $18.9M
18 Turner Financial Group, Inc. 2.66% 69,974 $2.7M
19 Cypress Capital, LLC 2.64% 255,306 $9.8M
20 Ethos Financial Group, LLC 2.39% 928,068 $35.7M
21 Avos Capital Management, LLC 2.38% 149,878 $5.7M
22 Kastel Capital Advisors, LLC 2.36% 83,754 $3.7M
23 Newman Dignan & Sheerar, Inc. 2.35% 321,721 $12.3M
24 Timber Creek Capital Management LLC 2.09% 268,201 $10.3M
25 Empirical Asset Management, LLC 1.99% 231,691 $8.9M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Etfs Gold Tr (SGOL)

What does the Smart Money Trend signal show for SGOL?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their SGOL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for SGOL?

More sellers than buyers — 45% buying: Last quarter: 227 funds reduced or exited vs 184 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for SGOL holders?

Strong quality — 36% AUM from major funds: 21 of 461 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held SGOL?

54% of holders stayed for 2+ years: 249 out of 463 hedge funds have held SGOL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →